Pac-12 Network Executives Fired

The hits keep coming for the Pac-12.

The San Jose Mercury News reports the conference fired the president and CFO of the Pac-12 Networks for failing to disclose $50 million in overpayments “by a media distribution partner to the networks that made the annual revenue appear more robust than it was.”

The report identified the executives as Pac-12 Networks president Mark Shuken and CFO Brent Wilman.

“Earlier today, the Pac-12 terminated the employment of two senior executives, effective immediately. This action was taken following an investigation conducted by independent outside legal counsel. The terminations resulted from a failure by those two executives to disclose material information to the Pac-12 Board of Directors and external Pac-12 auditors in connection with overpayments by a Pac-12 Networks distribution partner dating back to 2016.

“The Pac-12 took immediate and appropriate action to address this matter, consistent with best governance practices. Pac-12 leadership is committed to supporting our members and student-athletes, and always operating at the highest level of professionalism.”

ESPN and Fox are not Pac-12 Network distribution partners.

One maybe important side effect: It could potentially impact Pac-12 athletic department budgets in the future.

USC is lucky to be leaving the Pac-12.

77 thoughts on “Pac-12 Network Executives Fired

  1. The worst league owned TV company has been mismanaged from its inception. It is waste of space and arrogant. They could be very profitable if run correctly, but unfortunately their arrogance keeps them from selling their products.

    Liked by 1 person

    1. I gotta say Ghost, football season on Pac12 network is the only single thing that the network has. Not real sure there is a large viewing audience for the other stuff except BB. I just never saw how it could be profitable with the product they put out.

      Liked by 1 person

      1. Their mistake was in thinking a Pac-12 TV product was comparable to the Big Ten Network and the SEC Network. When you’re too stubborn to think that it may not be, the Pac 12 Network had no chance.

        #APac-12NetworkCouldHaveWorkedWithADifferent,SlimmerModel(OnlyBigSports,NoNon-RevenueSports)

        Liked by 1 person

  2. hi john,intresting that theese poeple get all the munneys and we aint get nun,like onley poeples that wirk is wirth gettin the munneys but if u aint wunna wirk than thay aint givv u nun and then missus ed gets angrey and awl cuz she aint got no munneys to by me hot doggs and baiked beens,smdh

    Liked by 3 people

    1. hi john,intresting that theese poeple get all the munneys and we aint get nun,like onley poeples that wirk is wirth gettin the munneys but if u aint wunna wirk than thay aint givv u nun and then missus ed gets angrey and awl cuz she aint got no munneys to by me hot doggs and baiked beens,smdh

      hi john, did you knw it takes me an enormous amount of time to spell dumb shit like this, but it makes my peenus hard so I’ll continue to do so 😜

      Like

  3. The problem with the PAC12 is that they did not take care of their most valuable asset…USC. USC is 40% of the value of the PAC12 per an evaluation last year.

    The PAC12 treated all schools the same even though dogs like Oregon or WSU were worth peanuts. They treated football like a title IX sport.

    Liked by 1 person

    1. woke goes broke.

      the USC football schedule was a middle finger from George K to USC. but in the long run it was stupid for the Pac-12. fans in Los Angeles hating the Pac-12 will just reduce viewership even more. and do you think USC will try to schedule lucrative out-of-conference games against Pac-12 teams after this and the unprofessional ref’ing?

      when you run your league so horribly, it comes back to bite you. George K is no better than the previous schmuck.

      Liked by 2 people

      1. Financially, SC made the right decision. Larry Scott was a sports socialist. He wanted every school to get the same amount of money from the best to the worst by taking from the rich and giving to the poor(the Robin Hood approach). Can you imagine using that approach when it came to grades in a university…..If one student gets 4 points for an A(because he studied hard) and another student get zero points for an F(because he spent his time partying) and then they take 2 points from the A student and give it to the F student so that they will both end up with 2 points and a C average. One school actually talked about doing that a number of years ago and the students were screaming bloody murder…..”that’s not fair….that’s not right”. I don’t think that they ever did it.

        Liked by 1 person

    2. That is utter BS……SCGrad: size 30 hat, size 1.5mg brain.

      Yeah, SUCC’s come from ahead Vegas 47-24 debacle certainly cemented the bozo’s value to the Pac-12.

      Like

      1. owns…..Had DTR pulled a hamstring early in the USC game…..47-24 sounds like a realistic score.

        Cue# Shama Lama Ding Dong

        Like

      2. I still say that SC should have won both Utah games. You can cry sour grapes all you want. I don’t care. The refs gave Utah the game the first time around. The second time they were ahead 17-3 when Caleb had that 59 yard run. He should have scored on that run. He was out in front and he is supposed to run a 4.4 forty. Then he pulled his hamstring and about 5 guys caught him from behind. They should have gone up 24-3. With a healthy Caleb, Utah would never have caught them even with a terrible defense.
        Just look what happened to Utah against Penn State when Cameron Rising got hurt.

        Liked by 1 person

      3. @JustOwns

        You are here with zero financial knowledge commenting on firms evaluating financial entities all day?

        Like

    3. Blame that on the woke lazy ass college presidents who let that last commish run the conference into the ground and did nothing the entire time it spiraled downward. Their biggest problem is trying to find a scapegoat cuz it sure isn’t going to be them.

      Liked by 2 people

      1. I know so many wish this was on Folt’s desk but my gosh that sounds an awful like (wait for it)

        ‘Max Nikias’

        Funny how that condescending elitist ‘….don’t bother me with bad news I’m busy hobnobbing with those that truly matter…’ had no knowledge of network outlays/

        BTW where did these two ganefs get $59 million? That’s the real mystery

        Liked by 3 people

      2. Can we compromise ….and say the responsibility for this abuse and profiteering lands on BOTH Max’s AND Carol’s desk?
        #WeDon’tWannaLetCarolOffTheHookTooEasily…
        #…It’sNotLikeSheGotHereYesterday

        Liked by 1 person

  4. Is this on good ole boy Larry or geoK?

    No checks and balances. Everyone involved was getting money and nobody wants to be the first to step up and call bravo sierra.

    12 teams, 12 univ presidents, 12 AD’s and no one saw this?

    Liked by 3 people

      1. Mike per your request vis-à-vis Nikias/Folt….no. Foyt has been bluntly slammed for a number of ‘pc’ ‘woke’ moves. which I readily admit (ousting the DT from the old student union etc.) but there is a blanket ‘omerta’ when it comes to Nikias. He, rightly or wrongly, loathed Mike Garrett…..he gave us Pat haden….he signed off on Lyn Swann replacing Haden just prior to the LA Times tell all per the Mayr Foundation was published. He bluntly made underlings kniw he wasn;t to be bothered with any action on his part to any ill news (gynecologist George Tyndall….Former USC Med School Dean Puliafito….alone.

        He got a sweetheart deal to ‘…leave…’ with an incredible deal to buy Colin Cowherd’s manse in Manhattan Beach after he finally vacated the San Marino USC estate …. a mere $3 million loan courtesy of USC. He even gets to be on the BOD of the school w.o. voting privileges.

        Opps almost forgot Nikias’ lazy indifference came with a big charge t per Tyndall – a cool $1.1 billion for Tyndall.

        Nikias had no limits say what you will about Foyt -she does. ‘blank’ Nikias

        Liked by 1 person

      2. You need to be writing for “Page Six”…….loved it!…..I didn’t know that about Cowherd

        Your “peckerwood” rants over the years are also entertaining.

        Liked by 1 person

      1. The Catholic Church [thank God] is not the Pope or bishops or priests —it’s the people who keep trying, in spite of their failures, to meet the impossible standards inherent in the gospels.

        Liked by 2 people

      2. I’m not Catholic but for the most part I think that the Catholic church does a lot of good in this country and around the world. I know a lot of Catholics and they are good people.
        But the cardinals in Vatican City are another story. They are totally corrupt and have been for centuries. The reason why Martin Luther started the Protestant Reformation was because he took a trip from Germany to Italy and he was shocked by the corruption.
        Nothing has changed that much. Read some of the stuff by Taylor Marshall(he is a catholic) and some of the old stuff by Malachi Martin who passed away 10 or 20 years ago(he was a catholic priest). There have been a number of people who were going to write books about it and they suddenly died(a good example was Cardinal Pine).
        Then there is the Vatican Bank. The Mafia and the drug dealers launder their money through that bank because it has no regulations. I’m not trying to pick on the catholics. I just mentioned them because you mentioned them. The truth is, the whole world is becoming corrupt.

        Liked by 2 people

      3. Members of the Catholic Church do great things, it’s the bad actors within the clergy who have tarnished its reputation. You get the guilty-by-association stigma from non-Catholics. I mentioned the Church because the uneducated claim it’s corrupt.

        Liked by 1 person

      4. Gabby —
        The Gospels are definitely open to interpretation — there are many roads to God …
        #btw,WhenIHearThePopeTalkingPolitics….
        #… MyAttitudeIs:JustAnotherGuyWithAnOpinion

        Liked by 1 person

      5. Then why does it say in the Gospels that “nobody comes to the Father except through me”? Spoken by Jesus. Now how can that be interpreted in other ways?

        Like

  5. –Sorry but you know me, when it is late every day after work I am too tired to fight and become too-sentimental, So–

    Ever think what it would be like if we all “just got along,”
    or as they say on the hard-nosed streets of LA, “What’d he say?”

    Liked by 2 people

      1. parcel, gabby, michael,

        The church itself is perfect. However people run the church and they are sinners, just like all of us.

        Michael, you are right , it is impossible to live up to Christ’s standards because in the bible he says we fall short the glory of God.

        Liked by 2 people

  6. Got to the party late. Terrific Friday column. Sad to see that vintage photo of the Daily Trojan staff at work in the office Carol recently stole. Back in the day two of the premier D. T. writers were Elliot Zwieback and Eric Cohen —- you’d see students reading their stuff and smiling as they waited for classes to start.

    Like

      1. Wife’s birthday week — we’ve been to every restaurant and beach on the island…..
        #AsWeWrappedItUpTodayISaid….
        #…”Grampy’sTiredNow…”

        Liked by 1 person

      1. If you notice, in [the very Catholic] El Greco’s “Burial of Count Orgaz”, we see the heroes of ALL religions rejoicing in Heaven….

        Like

      2. Time for everybody to reread The Good Samaritan… “every man who shows care is your brother..”

        Like

  7. Memo to: Crap Jeremy

    Had DTR pull a hammy early in the rivalry game, Chip would have pulled him (in favor of Garbers); DTR couldn’t /wouldn’t refuse like CW did to the detriment bozo’s shot at a CFP berth.

    C.William got his H/T, the clown U team got the shaft.

    Like

      1. Liked!…..#[AndHadToPowerWashIt]…too funny!

        I heard it was riddled with local pigeon shit, courtesy of Westwood’s finest……(ouch!)

        Liked by 3 people

      2. Thank goodness for the industrial-strength pressure washer.

        I am sure owns is in deep thought crafting a response……wait for it!

        Liked by 1 person

      3. So true MG. But the bozo FB Vegas humiliation will linger for years. I’m fairly certain SUCC will try to celebrate the loss every 5 years but nobody will attend.

        Like

    1. The Cotton Bowl–a hard loss, but ultimately a loss of no consequence because unlike UCLA, USC always has an eye on national titles.

      Now if you want to think of monumental choke jobs, UCLA vs. Arizona this year (Pac 12 on the line). Wow, what a choke job. Who can ever live down the huge collapse against Miami years ago that had NT implications. The saving grace for bruin fans is that they are quite content to play in bowl games like the Foster Farms Bowl, Cactus Bowl and Sun Bowl (all of which they lost). When you have a loser mentality like JO you lower your expectations. USC always has and always will dominate UCLA. We think Rose Bowls and national championships, they think Potato Chip bowl and just avoiding a losing record. It has been nearly a quarter of decade since UCLA was in the Rose Bowl or any major bowl game–how pathetic is that. Even in their minor bowl games in the past 20+ years their record has been 5-10.

      Like

  8. Nobody noticed $59 million in fake payments? They still don’t require schools to sign off their TV rights in the Pac 12? Women’s Gymnastics is so popular that the college student with the biggest NIL deal is a gymnast but the Pac 12 can’t market the most famous squad in the country-the one with the racist teammates? Baseball can’t make money on the Pac 12 network? Tom Brady niece? NCAA Champs in women’s Beach volleyball not popular? Big 10 makes money and even the AAC makes TV money in Olympic sports! USC had one of the most famous golfers in the world on their team- and they say USC and UCLA will regret leaving?

    Like

  9. Good, it’s early morning, my head is clear from last night’s fatigue-fog
    Now I can focus on the important stuff in life, like the NFL Playoffs, a once in a lifetime dream
    OK I’m not a fan but its playoff system is similar to our beloved colleges’– 12 teams or more get whittled down to the Elite-8
    as meaningless games are “required” to get to the Final-8
    ‘Meaningless’ except to tv execs & NCAA higher-ups

    Like

  10. The ’12 vs 8′ playoff argument can be playfully summarized by this being the No. 1 NFL weekend involving inarguably the 8 best teams
    (ok, maybe a little ‘arguably’)

    Liked by 1 person

    1. Everybody left is “good” to “real good”…
      #LoveItIfThe”Good”CowboysKnockedOffThe”RealGood”49ers..
      #[EvilBayAreaPeopleDon’tDeservePlayoffHappiness]

      Like

      1. At first I did not see the word “If’ in your wish, Michael, and thought how did I miss that score did they play the game last night?

        But “Evil Bay Area People,” please explain. I don’t like their teams but I never found their fans to be any more obnoxious & unbearable
        than any other area’s fans

        Liked by 1 person

  11. Failing to Disclose a $ 50 Million Overpayment (treating it as Revenue rather than a Liability) is either: 1) Incompetence or 2) Tells me that these two, in a long line of similar Corporate Schmucks, received Bonuses based on the Bottom Line. I vote for B.

    Liked by 1 person

      1. True, so so true, Michael, because in fact our ‘industrial’ incompetents
        make Multibillion Dollar mistakes, they leave the paltry multimillions to their underpaid underlings

        Selling “pencils on the corner” reminds of a past holiday song–
        “Pretty paper, pretty pencils of blue
        Write your loved a sonnet from you…
        Passersby, will they stop, much too busy
        They’re in a hurry– to buy somewhere else”
        (Note– I made up most of the words, but
        they are in step with the melody)

        Liked by 1 person

    1. Funny, Yesterday, but your No. 1 possibility never even occurred to me
      Can you just imagine the excuses, “Yeah, boss, that $50-Mil entry just slipped my mind. And then when I heard there might be an audit I mistakenly thought $50,000,000 was $500,000 and reported it like I should”

      Liked by 1 person

  12. Evil Bay Area People? Like Gavin Newsome? John Hastings? Willie Brown? Battery throwing Giants Fans? Wine drinking during football games 49er fans? Sex trafficking Oakland residents? Keep the Dams closed even though it’s raining hard because we don’t want to share our water Bay Area People?

    Liked by 1 person

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